I’m 19 months post BK7 and still have the car that was included in BK. Back then I decided that pay and stay was the best option however its not helping us now. No credit for timely payments on a car we don’t and will not own...repairs and car maintenance costs...etc. We’re pretty much renting a car and paying too much on a monthly basis.
Today I was pre approved by Capital One Auto Navigator and received an email confirming but no dollar amount or interest rate. I must say I’m so nervous about buying another car. So afraid of making a poor choice hurting us financially. I’m also considering financing with my Credit Union just to see what’s offered...if anything.
At this point, I’ve stopped making payments on the current car and saving for down payment. I haven’t heard from WFDS -Wells Fargo and nervous that I’ll wake up and car will be gone 🤭😂.
Anyone have experience with WFDS? returning a car after discharge - no reaffirmation, just pay and stay. How long will it take for them to pick the car up? Will they notify me? Should I call and make arrangements for pick up?
Discharged Jan 2017
Rebuilding credit